how do you obtain 20% down using HELOC?

来源: 2009-02-02 15:12:59 [旧帖] [给我悄悄话] 本文已被阅读:

put down 20% of ur money then take out the HELOC? dunno if bank would let u to do this nowadays. Otherwise, r u talking about 2nd mortgage here as down payment, that's obsolete too nowadays. And if i remember it right, HELOC can be recalled anytime by the bank. What about PMI?